Sep 3 2009
Grupo KUO, S.A.B. de C.V. (BMV: KUO), hereinafter Grupo KUO, one of the pioneers in Mexican corporations by establishing a subsidiary in the area of nanotechnology, announces the opening of a plant operated by its subsidiary Macro-M, S.A. de C.V. (Macro-M) in Lerma, State of Mexico, which will consolidate its position in the nanotechnology business.
The nanostructured additive synthesis plant opened today has a production capacity of 250 metric tones annually, it is the result of 10 years of investment in research and it is also the source of 5 international patents (pending). The plant uses a process developed at the Grupo KUO Research and Development Center that is unparalleled worldwide. The additives produced at this facility are used in multiple applications that range from a PET recycling chain extender to additives used in the surface treatment of nanomaterials.
Macro-M, Grupo KUO's new business currently has three product lines: a) additives for polymers, b) plastic compounds based on nanomaterials and c) nanomaterials with special properties, such as controlled release.
"The demand in diverse non-traditional markets of the industry of the future increasingly requires high-performing products that are environment friendly and capable of being placed within the cycle of renewable, recyclable and green energies," said Fernando Senderos, Chairman of the Grupo KUO Board of Directors. In order to attend to this need, Grupo KUO created a new subsidiary whose plant was opened today, which is focused on the design and production of advanced nanotechnology-based materials for product application in a wide range of industries, such as household appliances and including aerospace, construction, textile, packaging, recycling and automotive products.
Macro-M also uses its own technology for the production of its plastic nanocompounds and nanomaterials and it helps other companies create products that are stronger, lighter and more efficient in terms of cost performance.
Juan Marco Gutiérrez Wanless, CEO of Grupo KUO concluded: "Because of its high potential to create value, Grupo KUO firmly believes that innovation is the driving force on which to build the future. Macro-M is an example of this commitment."